IMI plc Announces Holding(s) in Company
Why we think this is neutral
This RNS announcement does not contain any major news that would significantly impact the company's performance or outlook. It is a routine regulatory filing regarding changes in major shareholdings.
Key Points
- BlackRock, Inc. has reduced its stake in IMI plc to below 5% of total voting rights
- The filing outlines the various BlackRock entities and their respective shareholdings
Summary
The industrial engineering company has announced changes to its major shareholders, with BlackRock, Inc. reducing its stake below 5%.
IMI plc has announced that BlackRock, Inc. has reduced its shareholding in the company to below 5% of the total voting rights. The filing provides details on BlackRock's various investment vehicles and the breakdown of its holdings in IMI plc.
DIRECTOR DEALINGS